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Abdullah Shah Ghazi Sugar Mills Limited’s Financial Results for the Period Ended March 31, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on May 31, 2011 at 04:00 pm, at its registered office of company recommended the following: 1. Cash Dividend Nil And /Or 2. Bonus Shares Nil And /Or 3. Right Shares Nil And /Or 4. Any Other Entitlement/Corporate Action Nil And /Or 5. Any Other Price-Sensitive Information Not Applicable The Financial Results of Company are as Follows: 6 Months 3 Months Oct 2011 to Mar 2011 Oct 2009 to Mar 2010 Jan 2011 to Mar 2011 Jan 2009 to Mar 2010 Rupees Sales - Net 1,032,539,617 628,356,794 667,629,446 367,096,418 Cost of sales 844,563,587 553,925,543 635,108,762 344,036,468 ------------- ------------- ------------- ------------- Gross profit 187,976,030 74,431,251 32,520.684 23,059,950 Operating Expenses Administrative and general expenses 15,006,860 13,251,863 9,602,541 6,432,570 Distribution expenses 895,494 819,375 786,789 711,902 ------------- ------------- ------------- ------------- 15,902,354 14,071,238 10,389,330 7,144,472 ------------- ------------- ------------- ------------- Operating Profit 172,073,676 60,360,013 22,131,354 15,915,478 Finance cost 54,361,420 28,366,757 36,283,782 24,026,047 Workers' profit participation fund 5,942,725 1,618,628 (650,509) - Workers' welfare fund 2,377,090 632,279 (260,204) - ------------- ------------- ------------- ------------- 62,681,235 30,617,664 35,373,069 24,026,047 ------------- ------------- ------------- ------------- Profit/ (loss) for the period 109,392,441 29,742,349 (13,241,715) (8,110,569) Other income 1,142,249 379,310 1,142,249 379,310 ------------- ------------- ------------- ------------- Profit/ (1oss) before taxation 110,534,690 30,121,659 (12,099,466) (7,731,259) Provision for taxation Current (10,325,396) (3,141,784) (6,676,294) (1,835,482) Deferred (4,129,283) 1,027,814 (4,643,216) 513,907 ------------- ------------- ------------- ------------- (14,454,679) (2,113,970) (11,319,510) (1,321,575) ------------- ------------- ------------- ------------- Profit / (loss) after taxation 96,080,011 28,007,689 (23,418,976) (9,052,834) ------------- ------------- ------------- ------------- Earnings / (loss) per share - Basic and diluted 1.21 0.35 (0.30) (0.11) For more information, contact: Company Secretary Abdullah Shah Ghazi Sugar Mills Limited 65 - Infantry Road Lahore. Tel: +9242 36834016-22 Fax: +9242 36811253 Email: info@maccagroup.com

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Haseeb Waqas Sugar Mills Limited’s Half-Yearly Financial Results-March 31, 2011

Karachi: This is to inform you that the Board of Directors’ Meeting of the Company held at 04:00 P.M on Tuesday. May 31 2011, has considered and approved the financial results of the Company for the half year ended on March 31, 2011. Approved Financial results of the company for the period under review are being provided through “Annexure A” enclosed herewith. During the period under review, the Board has not announced any of Cash Dividend, Bonus Shares, or Right Shares. Hence, related paras as prescribed in the Form 7’ of the Correspondence Manual of the Exchange, have not been mentioned. CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (Unauditied) FOR THE HALF YEAR ENDED MARCH 31, 2011 Notes Half year ended Quarter ended 31 March 2011 31 March 2010 31 March 2011 31 March 2010 Rupees Rupees Sales - Net 15 2,528,075,096 1,020,269,480 1,976,911,623 947,871,524 Cost of sales 16 2,453,751,697 1,014,012,851 1,912,778,790 958,449,324 ------------- ------------- ------------- ------------- Gross Profit / (Loss) 74,323,399 6,256,629 64,132,833 (10,577,800) Administrative and general expenses 15,430,445 16,626,960 8,659,932 11,017,960 ------------- ------------- ------------- ------------- 58,892,955 (10,370,331) 55472,902 (21,595,760) Other operating income 1,624,529 213,461 437,838 12,123 ------------- ------------- ------------- ------------- Profit from operations 60,517,483 (10,156,870) 55,910,739 (21,583,637) Finance cost 74,647,830 47,846,775 45,464,377 38,438,296 ------------- ------------- ------------- ------------- (Loss)/Profit before taxation, (14,130,347) (58,003,645) 10,446,362 (60,021,933) Taxation Current-for the period (25,280,751) (5,364,564) (19,769,116) (5,750,660) Deferred 22,693,660 28,961,096 19,700,245 490,655 ------------- ------------- ------------- ------------- (2,587,091) 23,596,532 (68,871) (5,260,005) ------------- ------------- ------------- ------------- (Loss)/ Profit after taxation (16,717,438) (34,407,113) 10,377,491 (65,281,938) ------------- ------------- ------------- ------------- (Loss)/Earnings per share - Basic (0.52) (1.06) 0.32 (2.01) ------------- ------------- ------------- ------------- For more information, contact: Ansar Ahmed Company Secretary Haseeb Waqas Sugar Mills Limited 6-F, Model Town, Lahore Pakistan Tel: +9242 35917321-23, Fax: +9242 35917317

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Noon Sugar Mills Limited’s Half Yearly Financial Results for the Period Ended 31 March 2011

Karachi: We have to inform you that the Board of Directors of the Company in their meeting held at Lahore on 30 May, 2011 recommended the following: 1. Cash Dividend Nil 2. Bonus Issue Nil 3. Right Shares Nil 4. Any Other Entitlement, Corporate Action Nil 5. Any Other Price Sensitive Information Nil The financial results of the Company are attached. Condensed Interim Profit And Loss Account (Un-Audited) for the Quarter and Half Year Ended 31, March 2011   for the 2nd Quarter Cumulative   Jan - Mar Jan - Mar Oct - Mar Oct - Mar   2011 2010 2011 2010 Note Rupees in thousand           Sales - Net 1,146,022 532,196 1,636,819 896,729 Cost of Sales 982,752 556,366 1,391,428 881,490   ---------- ---------- ---------- ---------- Gross Profit/ (Loss) 136,270 (24,170) 245,337 15,239 Distribution and Marketing Cost 22,861 11,094 25,181 12,510 Administrative Expenses 21,303 19,220 36,012 36,000 Other Operating Expenses 4,458 511 8,309 1,020 Other Operating Income (529) (530) (4,431) (1,238)   ---------- ---------- ---------- ---------- 48,093 30,295 65,071 48,292 ---------- ---------- ---------- ---------- Profit / (Loss) From Operations 115,177 (54,465) 180,266 (33,053) Finance Cost 51,971 29,842 76,249 48,844   ---------- ---------- ---------- ---------- Profit/ (Loss) Before Share of         Profit from an Associated         Company and Taxation 63,206 (84,307) 104,017 (81,897) Associated Company - Net of taxation 2,212 4,802 2,212 4,802   ---------- ---------- ---------- ---------- Profit / (Loss) Before Taxation 65,418 (79,505) 106,229 (77,095) Taxation                                          10 11,497 3,220 16,405 5,043   ---------- ---------- ---------- ---------- Profit / (loss) after taxation 53,921 (82,725) 89,824 (82,138) Other comprehensive income 0 0 0 0   ---------- ---------- ---------- ---------- Total comprehensive income/         (loss) for the period 53,921 (82,725) 89,824 (82,138)   ---------- ---------- ---------- ---------- Rupees       Earnings / (Loss) Per Share 3.26 (5.01) 5.44 (4.97)   ---------- ---------- ---------- ---------- For more information, contact: Syed Anwer Ali Company Secretary Noon Sugar Mills Limited 86- Garden Block, New Garden Town, Lahore Tel: +9242 5831462-53 Fax: +9242 5831462 Website: www.noonsugar.com E-mail: shares@noonsugar.com

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Colony Sugar Mills Limited’s Declaration of Financial Results for the Half Year Ended March 31, 2011

Karachi: We have to inform you that Board of Directors of the company declared following financial results for the half year ended March 31, 2011 in their meeting held on Saturday, May 28, 2011 at 11.30 a.m. at Ismail Aiwan-e-Science Building, 205-Ferozepur Road, Lahore:   Half Year Ended Second quarter ended March 31 March 31 2011 2010 2011 2010 Rupees in thousand Sales - net 3,521,086 1,963,274 2,606,752 658,103 Cost of sales 3,095,283 1,752,607 2,374,089 645,375   --------- --------- --------- --------- Gross Profit 425,803 210,667 232,663 12,728 Operatng expenses         Administrative and general expense 58,286 48,874 32,643 25,216 Distribution and marketing expense 79,114 36,244 34,500 26,155   --------- --------- --------- --------- 137,400 85,118 67,143 51,371 --------- --------- --------- --------- 288,403 125,549 165,520 (38,643) Other operating income 5,063 3,372 4,998 1,010   --------- --------- --------- --------- Operating profit/(loss) 293,466 128,921 170,518 (37,633)   --------- --------- --------- --------- Finance Cost 219,419 201,030 116,478 100,826 Workers'profit participation fund 3,702 - 2,702 (3,318)   --------- --------- --------- --------- 223,121 201,030 119,180 97,508 --------- --------- --------- --------- Profit/(loss) before taxation 70,345 (72,109) 51,338 (135,141) Provision for taxation 38,227 (9,471) 29,031 (17,100)   --------- --------- --------- --------- Profit/(loss) for the period 32,118 (62,638) 22,307 (118,041)   --------- --------- --------- --------- Earnings/(Loss) per share - basic         (Rupees) 0.32 (0.63) 0.23 (1.19)   --------- --------- --------- --------- Directors have not recommended Cash dividend, Bonus/Right shares. For more information, contact: Abdul Mansoor Khan Company Secretary Colony Sugar Mills Limited Ismali Aiwan-e-Science Building, 205-Ferezepur Road, Lahcre-54600, Pakistan Tel: +9242 111-Colony Fax: +9242 576-3246 E-mail: info@colonysugar.com

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Dewan Sugar Mills Limited’s Financial Results for the Half Yearly, Un-audited, condensed interim Financial Statements of the Company for the period ended March, 2011

Karachi: We have to inform you that the Board of Directors of our company in their meeting held on Friday, May 27, 2011 at 05:00 p.m. at Karachi, recommended the following: (1) Cash Dividend and/or Nil (2) Bonus Shares and/or Nil (3) Right Shares and/or Nil (4) Any Other Entitlement/Corporate Action and/or Nil (5) Any Other Price-Sensitive Information Nil The Half Yearly, un-audited, condensed Interim Financial Statements of the Company for the period ended March 31, 2011, are as follows:   Half Year Ended Quarter Ended Mar. 31, 2011 Mar. 31, 2010 Mar. 31, 2011 Mar. 31, 2010 -----------(Rupees in '000')------ -----(Rupees in '000')-------- Sales 2,380,452 3,964,189 2,380,452 3,235,862 Cost of Sales (2,414,570) (4,028,379) (2,233,163) (3,351,104)   ----------- ----------- ----------- ----------- Gross (Loss)/ Profit (34,118) (64,190) 147,289 (115,242) Administrative and General Expenses (20,249) (28,635) (10,964) (18,848) Distribution and Selling Costs (11,906) (12,329) (11,749) (2,487) Other Operating (Loss)/Income 601 1,125 601 1,031   ----------- ----------- ----------- ----------- (Loss)/Profit from Operations (65,672) (104,029) 125,177 (135,546) Finance Cost (17,469) (5,802) (17,233) (4,215) Impairment Profit/(Loss) charged 9,692 (24,094) (3,550) 8,190   ----------- ----------- ----------- ----------- (Loss)/ Profit before Income Tax (73,449) (133,925) 104,394 (131,571) Taxation (4,224) 57,717 (31,630) 59,748   ----------- ----------- ----------- ----------- Loss / Profit for the period (after Income Tax) (77,673) (76,208) 72,764 (71,823)   ----------- ----------- ----------- ----------- Loss / Profit per Share - Basic (2.13) (2.09) 1.99 (1.97)   ----------- ----------- ----------- ----------- For more information, contact: Muhammad Ilayas Abdul Sattar Chief Financial Officer Muhammad Hanif German Manager Group Corporate Affairs Dewan Sugar Mills Limited Finance and Trade Centre (FTC), 7th Floor, Block-A, Shahra-e-Faisal Karachi-Pakistan. UAN: +9221 111-364-111, Fax: +9221 5630860, Web: www.dewangroup.com.pk

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Ansari Sugar Mills Limited’s Financial Results for the Six-Month Period Ended March 31, 2011

Karachi: We have to inform you that the director of the Company approved the accounts for the Six-Month the period ended March 31, 2011 on May 28, 2011 at Registered office of the company, delaring no dividend for the shareholders. The financial results of the company are as follows.   Six-Month Period Ended Three-months Period Ended 31 March 31 March 31 Marh 31 March 2011 2010 2011 2010 (Rupees) (Rupees) Sales-Net 1,205,455,895 1,341,476,011 1,145,449,224 1,071,775,178 Cost of Sales 1,069,843,081 1,333,370,854 1,028,766,662 1,084,203,290   ------------- ------------- ------------- ------------- Gross (loss)/Profit 135,612,814 8,105,157 116,682,562 (12,428,112) Operating Expenses         Distribution cost 3,338,545 2,069,230 2,929,999 1,937,275 Administrative expenses 28,294,599 23,464,347 15,402,885 13,786,086   ------------- ------------- ------------- ------------- 31,633,144 25,533,577 18,332,884 15,723,361 ------------- ------------- ------------- ------------- Operting (loss)/Profit 103,979,670 (17,428,420) 98,349,678 (28,151,473) Other operating income 4,246,765 2,923,397 1,933,219 1,471,561   ------------- ------------- ------------- ------------- 108,226,435 (14,505,023) 100,282,897 (26,679,912) Finance cost 119,944,955 59,338,466 81,591,127 36,928,294   ------------- ------------- ------------- ------------- (Loss)/Profit before taxation (11,718,520) (73,843,489) 18,691,770 (63,608,206) Provision for taxation (12,054,559) (6,707,380) (11,454,492) (5,358,876)   ------------- ------------- ------------- ------------- (Loss)/Profit after taxatio (23,773,079) (80,550,869) 7,237,278 (68,967,082) (Loss)/Earning per share (0.97) (3.30) 0.30 2.83 For more information, contact: Company Secretary Ansari Sugar Mills Limited H.O. 1st Floor, Block-2, Hockey Club of Pakistan Stadium, Karachi-75350, Pakistan. UAN: +9221 111-666447 Tel: +9221 35655131-4, Fax: +9221 35680533

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Bawany Sugar Mills Limited’s Financial Results for the Three Months Ended December 31, 2011

Karachi: We have to inform you that the director of the Company approved the accounts for the Three-Months period ended December 31, 2011 on May 28, 2011 at registered office of the Company, declaring no dividend for the shareholders. The financial results of the company are as follows.   Three - months Period Ended 31 Dec 31 Dec 2010 2009 (Rupees) Sales -Net - - Toll Manufacturing Income - 6,468,889 Cost of sales 93,610,823 43,972,198   ------------ ------------ Gross (loss)/Profit (93,610,823) (37,503,309) Distribution cost 1,500 - Administrative expenses 2,511,096 2,555,742   ------------ ------------ 2,512,596 2,555,742 ------------ ------------ Operating (Loss)/Profit (96,123,419) (40,059,051) Other operating income 9,370,691 156,028   ------------ ------------ (86,752,728) (39,903,023) Financial cost 638,134 13,757,826   ------------ ------------ (Loss)/Profit before taxation (87,390,862) (53,660,849) Provision for Taxation - (32,344)   ------------ ------------ (Loss)/Profit after taxation (87,390,862) (53,693,193) (Loss)/Earning per share (10.02) (6.15) Financial Results for the Six Months Ended December 31, 2011 Dear Sir, We have to inform you that the director of the Company approved the accounts for the Six-Months the period ended March 31, 2011 on May 28, 2011 at registered office of the Company, declaring no dividend for the shareholders. The financial results of the company are as follows.   Six - months Period Ended three - months Period Ended   31 March 31 March 31 March 31 March   2011 2010 2011 2010   (Rupees) (Rupees)           Sales 666,057,830 666,057,830 -   Toll Manufacturing Income - 100,335,030 - 93,866,141 Cross of Sales 622,683,191 116,637,793 529,072,368 72,665,595   ------------ ------------ ------------ ----------- Gross (loss)/Profit 43,374,639 (16,302,763) 136,985,462 21,200,546 Distribution cost 3,605,385 - 3,603,885 - Administrative expenses 9,624,749 3,574,635 7, 112,153 1,018,893   ------------ ------------ ------------ ----------- 13,230,134 3,574,635 10,716,038 1,018,893 ------------ ------------ ------------ ----------- Operating (loss)/Profit 30,144,505 (19,877,398) 126,269,424 20,181,653 Other operating income 9,457,689 237,745 86,998 81,717   ------------ ------------ ------------ ----------- 39,602,194 (19,639,653) 126,356,422 20,263,370 Finance cost 65,222,107 36,670,884 64,583,973 22,913,058   ------------ ------------ ------------ ----------- (Loss)/Profit before taxation (25,619,913) (56,310,537) 61,772,449 (2,649,688) Provision for taxation (6,660,578) (501,675) (6,660,578) (469,331)   ------------ ------------ ------------ ----------- (Loss)/Profit after taxation (32,280,491) (56,812,212) 55,111,871 (3,119,019) (Loss)/Earning per share (3.70) (6.51) 6.32 (0.36) For more information, contact: Company Secretary Bawany Sugar Mills Limited 1st Floor, Block-2, Hockey Club of Pakistan Stadium, Karaci-75350, Pakistan UAN: +9221 111-606-447 Tel: +9221 35657781-6 Fax: +9221 35680533

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